Airport Road

Palmyra, PA 17078

$1,775,000
Price
823,284 / 18.9
Lot Size / Acres

Description

A Phase I environmental study has been completed and the results came back clean.
18.9 acre mixed use project available for sale in the Heart of the Hershey/Palmyra commercial corridor. This multi-parcel development is situated only 1 mile from the Derry Township line and is one of the few properties of its kind available in this highly sought after region near Hershey. Located partially in South Londonderry Township and North Londonderry Township. Current zoning permits a variety of commercial,
...A Phase I environmental study has been completed and the results came back clean.

18.9 acre mixed use project available for sale in the Heart of the Hershey/Palmyra commercial corridor. This multi-parcel development is situated only 1 mile from the Derry Township line and is one of the few properties of its kind available in this highly sought after region near Hershey. Located partially in South Londonderry Township and North Londonderry Township. Current zoning permits a variety of commercial, retail and residential uses. With the sports complex “In The Net” located just across the street this could be a perfect expansion opportunity to feed off the thousands who frequent that complex in a given year. The area has become a heaven for sports related operators, others include Paramount Sports Complex, Prevail Volleyball Club, Crossfit of Hershey, Klick Lewis Arena (Palmyra Black Knights Hockey), Frozen Ropes Baseball and Softball training and GCH Training Academy. The residential, commercial and industrial markets in the region have exploded in recent years as land around Derry Township has become more scarce and more affordable options have become sought after in recent years. Cooperation with both Townships will be paramount in the development of the project. The 14.9 acre South Londonderry portion of the project is currently zoned Commercial Office (C-O) and allows for hotels, restaurants, banks, retail, assisted living, and office including medical, daycare and a variety of other uses which would compliment this address and surrounding area. The 4 acre North Londonderry portion of the project is currently zoned (R-2) Medium Density Residential and allows for single family detached dwellings, churches and medical office. The site is comprised of three (3) houses and a pole barn and currently receives approximately $5,500 per month in income. 35 EDU's transfer with this property. With nearly 1 million sq. ft. of Hospital and Medical facilities just a couple miles west in Hershey and millions of tourists visiting Hershey Park, Hershey’s Chocolate World, The Giant Center, Zoo America, The Hotel Hershey, and the Hershey Lodge; this is an excellent opportunity to feed off the tremendous growth and development this corridor has enjoyed over the past several years. Hershey is home to some of the biggest events in the nation. It’s RV and Antique Auto Show are the largest in the United States and when coupled with the Pennsylvania State Farm Show and others such as the Carlisle Auto Show and Outdoor Show to name a few this region is primed for continued expansion and the Hershey/Palmyra corridor is at the forefront of this anticipated growth.
  1. Listed by Bill Bering Jr. • Bering Real Estate Co.
    P: 7176413729 bill@beringrealestate.com
  2. Listed by Mollie Bering • Bering Real Estate Co.
    P: 7179264319 mollie@beringrealestate.com

Property Details for Airport Road

Tax ID Number
NO TAX RECORD
Ownership
Fee Simple
HOA
No
Waterfront
No
Garage
No
Municipality
NORTH LONDONDERRY TWP
Central Air
No
Construction Completed
No

Location

Listing Courtesy of Bering Real Estate Co.
Add your commute
LISTING UPDATED: 12/22/2023 07:29 AM

Property Details for Airport Road

StatusActive
MLS #PALN2010086
Days on Market341
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Fee Simple
Year Built-
Lot Size18.90 AC
CountyLebanon County

Location

Listing Courtesy of Bering Real Estate Co.
Add your commute

Building Information for Airport Road

Lot Size18.90 AC

Payment Calculator

$9,687 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,687

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for Airport Road

Location
Location
  • School District Name: PALMYRA AREA
  • School District County ID: 300200397383
  • SchoolDistrictSource: Listing Agent
  • County: LEBANON
  • MLS Area: North Londonderry Twp (13228)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $0
  • Zoning: C-O AND R-2
  • Zoning Dscrp: Located partially in S. & N. Londonderry Twp. Zoning permits a variety of commercial, retail and residential uses. 35 EDU's.
  • Automatically Update Tax Values Y/N: No
Lot / Land Information
Farm Information
  • Farm Land Preservation Y/N: No
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Features: Backs to Trees, Irregular, Level, Partly Wooded, Trees/Wooded
  • Current Use: Mixed
  • Additional Parcels: Yes
Utilities
Utilities
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Lebanon County Association of REALTORS
  • List Agent URL: www.BeringRealEstate.com

Property History for Airport Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near Airport Road

This home is within Palmyra Area School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 1 to 5
Rating
School
Distance
Lingle Avenue El School
PublicK to 5

Palmyra Area Middle School
Public6 to 8

Palmyra Area Senior High School
Public9 to 12

Pine Street El School
Public1 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Airport Road is a 18.9 ac of land for sale in Palmyra, PA 17078. This property was listed for sale on May 23, 2023 by Bering Real Estate Co., it's currently listed at $1,775,000. This listing's school district is Palmyra Area School District. Nearby schools include Lingle Avenue El School, Palmyra Area Middle School and Palmyra Area Senior High School. Airport Road is a 0-bed, 0-bath, 18.9 ac of land on a 823,284 sq. ft. / 18.9 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Bering Real Estate Co.

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.